TECH NEWS
Friday, 31 December 2021
A look at the burgeoning drone software and AI industry, a focus for an estimated 65 US startups, often for military uses (Patrick McGee/Financial Times)
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Experts say the Apple Watch has yet to change patient management as Apple's efforts in getting FDA approvals and broader acceptance among doctors are lacking (Patrick McGee/Financial Times)
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Delivery Hero will acquire a ~39.4% majority stake in Spanish delivery app Glovo, valuing Glovo at €2.3B (Sabahatjahan Contractor/Reuters)
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Forecasts for tech's near future: AI-driven recommendations kill favorites, users opt into personalized ads, top talent will have Polygamous Careers, and more (Scott Belsky/Positive Slope)
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Russia's media regulator adds Netflix to its "audio-visual services" register, requiring it to offer 20 major Russian federal TV channels starting in March 2022 (The Moscow Times)
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NHS Covid app sends record number of 'pings' The alerts ask people to test or self-isolate after contact with someone who had a positive result. December 31, 2021 at 08:46PM
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Thursday, 30 December 2021
Mexico's central bank plans to issue its own digital currency by 2024, joining Brazil and Peru as Latin American countries working on developing CBDCs (Andrés Engler/CoinDesk)
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Devices running BlackBerry 10 or OS 7.1 and earlier will lose key services like calling, texting, data usage, and 911 access starting January 4 (Brad Linder/Liliputing)
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African tech startups raised a record $4B+ in 2021, more than 2019 and 2020 combined, with more $100M+ rounds than ever before (Tage Kene-Okafor/TechCrunch)
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Umee, which is building a "cross chain DeFi hub" with interoperable tools that work across blockchains, raises $32M by selling its UMEE tokens (Aislinn Keely/The Block)
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Metaverse products from Meta, Microsoft, and others are just 3D virtual social spaces, and lack key features of the metaverse concept, chiefly interoperability (Will Oremus/Washington Post)
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Google pauses the rollout of its December update for the Pixel 6 and Pixel 6 Pro until late January after reports of calls dropping and disconnecting (Tim/Droid Life)
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Wednesday, 29 December 2021
Didi Global reports Q3 revenues of $6.6B, down 11.5% QoQ, and a net loss of $4.7B, as China's cybersecurity probe forced many of its apps to be taken down (Bloomberg)
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Fortnite servers are back online after a major outage that lasted over five hours prevented players from logging on, among other issues (Richard Lawler/The Verge)
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Fortnite is offline, but Epic says it's working on it (Austen Goslin/Polygon)
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Google, Microsoft, and Oracle invest in potential cloud clients to beat AWS; Google claims 6% cloud market share, behind AWS at 41% and Microsoft at 20% (Wall Street Journal)
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HDMI Forum will introduce HDMI 2.1a, the new standard, at CES 2022, offering minor updates that will further complicate a system with haphazard device support (Chaim Gartenberg/The Verge)
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As the US faces record COVID-19 infections, effective use of exposure notification apps is unlikely given slow adoption and lack of data on their efficacy (Washington Post)
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DeBank, which lets users track and analyze their DeFi investments, raises $25M led by Sequoia China at a $200M valuation (Tanzeel Akhtar/CoinDesk)
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Tuesday, 28 December 2021
Biden signs the annual defense bill codifying voluntary cybersecurity frameworks for the private sector, which operates the bulk of US's critical infrastructure (Mariam Baksh/Nextgov)
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MetaMap, formerly Mati, which builds digital trust and reputation tools and APIs to help online services vet consumers, raises a $70M Series B (PYMNTS.com)
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Waymo partners with Chinese automotive company Geely to bring a "rider-first" EV with no steering wheel to its US robotaxi Waymo One fleet in the coming years (Abner Li/9to5Google)
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Adam Mosseri says in 2022 Instagram will "double down" on video, consolidate its video products around Reels, and focus on creators, transparency, and messaging (Kris Holt/Engadget)
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US appeals court rules in favor of the FCC's decision to designate a large swath of the 6 GHz band to unlicensed users, after AT&T challenged the FCC (Monica Alleven/Fierce Wireless)
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Overview of El Salvador's official yet controversial adoption of bitcoin in 2021, as many citizens have reportedly seen bitcoin vanish from their Chivo wallets (Scott Chipolina/Decrypt)
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Monday, 27 December 2021
Riot Games agrees to pay $100M to settle a 2018 class-action gender discrimination lawsuit with current and former women employees and California state agencies (Shannon Liao/Washington Post)
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Indian neobank Jupiter raises a $86M Series C at a $711M valuation, up from ~$300M in August, as it prepares to launch lending and wealth management services (Manish Singh/TechCrunch)
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Elon Musk criticised after China space complaint to UN The SpaceX boss was attacked on Chinese social media after the complaint was made public. December 28, 2021 at 09:12AM
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Paradox, which makes Olivia, a conversational AI assistant for recruiting tasks like candidate screening, raises a $200M Series C at a $1.5B valuation (Andy Blye/Phoenix Business Journal)
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Ex-Tumblr iOS engineer details the company's difficulties with App Store adult content policies, as communication among reviewers, devs, and Apple is discordant (sreegs)
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A TikTok moderator sues the company for an unsafe workplace that gave her PTSD; her lawyer says TikTok stopped her from working a day after the suit was filed (Kieran Press-Reynolds/Insider)
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Exploring the concept of mirrortables, where a company's cap table is mirrored on-chain with Ethereum and ENS or other Web3 tools, to streamline angel investing (Balaji Srinivasan)
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Democrats, eager to rein in social media and other internet platforms, urge Biden to focus on tech regulation, before Republicans can retake the House or Senate (John D. McKinnon/Wall Street Journal)
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A look at the growing competition in the call center tools market between Genesys, AWS, Salesforce, Microsoft, and others, often focused on AI-driven automation (Joe Williams/Bloomberg)
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A look at OneTrust, BigID, TrustArc, and others that help companies navigate the increasingly fragmented rules and privacy policies of the global internet (David McCabe/New York Times)
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Inside China's Logink, an expansive digital network for tracking global sea cargo that experts fear could give Beijing a commercial or strategic advantage (Daniel Michaels/Wall Street Journal)
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Sunday, 26 December 2021
While unable to meet analog chip demand, Texas Instruments hesitates to expand production capacity because of the industry's history of boom and bust cycles (Yang Jie/Wall Street Journal)
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OpenDAO airdrops SOS token for users of OpenSea's NFT marketplace; the token, unaffiliated with OpenSea, is up ~10x in two days as watchers debate its prospects (Robert Stevens/Decrypt)
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An overview of the efforts by Google, Apple, and Amazon to offer their technology and services for connected cars (Leah Nylen/Politico)
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A look at sidewalk delivery robots serving students across US college campuses, an ideal proving ground with pedestrian-friendly designs and eager consumer base (Kyle Stock/Bloomberg)
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Proxymity, a UK-based digital investor communications service for real-time virtual proxy voting and automated shareholder disclosure, raises a €27.5M Series B (Silicon Canals)
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Research: Indian startups have raised a record ~$36B in 2021, up from ~$11B in 2020; SoftBank invested $3B+ and Tiger Global was among the most active investors (Sneha Shah/The Economic Times)
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Saturday, 25 December 2021
Berlin-based Pliant, which offers digital corporate credit card management and accounting software, raises a €18M seed led by Alstin Capital (Dan Taylor/Tech.eu)
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Chinese app stores had 2.78M total apps by October, down from 4.52M at the end of 2018, a 38.5% drop amid the government's new data laws and clean-up campaigns (Jane Zhang/South China Morning Post)
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Q&A with Clubhouse CEO Paul Davison: copycat features from big rivals have not impacted the company "in any real way" and making money is not a pressing concern (Financial Times)
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[Thread] For media and advertising, Web3's focus on decentralization and tokenization solves few, if any, problems and is the last thing ad tech needs (Ari Paparo Dot Eth/@aripap)
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Friday, 24 December 2021
Analysis: Terra becomes the 2nd largest blockchain for DeFi protocols by total value locked at $18B+, up 42,000% from Dec. 2020, surpassing Binance Smart Chain (Shaurya Malwa/CoinDesk)
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Pregnancy app What to Expect says it invested significantly in content moderation, as vaccine misinformation rises in the community sections of pregnancy apps (Washington Post)
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In January, DoorDash is reinstating its WeDash policy that has all employees, including the CEO, make deliveries or shadow customer service workers once a month (Levi Sumagaysay/MarketWatch)
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Microsoft cancels in-person plans for CES, joining Google, Meta, Amazon, Twitter, and others, amid ongoing concerns over COVID-19 (Elizabeth Lopatto/The Verge)
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